Loan amount: Rs 1,000 to Rs 2 crore Maximum loan is typically 75% of market value of gold.Interest rate: 10-29%Term: Maximum of 20 years, typically up to 3 yearsCharges: Processing fee up
As per RBI’s proposal, banks can link their lending rates with an external benchmark instead of the MCLR.
Interest rates have increased by 200-400 basis points versus a year ago, dealers said.
Higher than normal rate cut is a signal for banks to cut lending rates aggressively before festive season.
Here is the list of 10 assets against which you can take a loan instead of depending on personal loans.
Reverse mortgage enables senior citizens to convert their one big asset —their home—into a source of regular income without giving up ownership.
Under the revised accreditation framework of NAAC, India has 59 accredited universities and 997 colleges.
Home extension loans are cheaper than home loans. Any individual can apply for a home extension loan from a bank or finance company individually or jointly.
Prime Minister Awas Yojana (PMAY) is a central scheme aimed at ensuring housing for all. It offers credit-linked subsidy that divides applicants into four groups— Economically Weaker Sec
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